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Bidding games and efficient allocations

Meir, Reshef; Kalai, Gil; Tennenholtz, Moshe - In: Games and economic behavior 112 (2018), pp. 166-193

Persistent link: https://www.econbiz.de/10012174451

Double auction equilibrium and efficiency in a classroom experimental search market

Attanasi, Giuseppe; Centorrino, Samuele; Moscati, Ivan - 2010

Persistent link: https://www.econbiz.de/10009578520

Competition, transparency, and reciprocity : a comparative study of auctions and negotiations

Kersten, Gregory E.; Wachowicz, Tomasz; Kersten, Margaret - In: Group decision and negotiation 25 (2016) 4, pp. 693-622

Persistent link: https://www.econbiz.de/10011502698

Inefficiency in private value bargaining with naive players : an experimental study

Possajennikov, Alexandre; Saran, Rene - 2018

The paper reports on an experiment on two-player double-auction bargaining with private values. We consider a setting … no equilibrium achieving full efficiency. In the experiment, we vary the proportion of naive traders by introducing … computerized players. We find that full efficiency is not achieved in the experiment with or without naive traders, and efficiency …

Persistent link: https://www.econbiz.de/10011852503

(In)efficiency in private value bargaining with naive players : theory and experiment

Possajennikov, Alexandre; Saran, Rene - In: Journal of economic behavior & organization : JEBO 216 (2023), pp. 42-61

Persistent link: https://www.econbiz.de/10014478555

Optimal mechanism design with resale via bargaining

Zhang, Jun; Wang, Ruqu - In: Journal of economic theory 148 (2013) 5, pp. 2096-2123

Persistent link: https://www.econbiz.de/10010196164

The modified Vickrey double auction

Yoon, Kiho - In: Journal of economic theory 101 (2001) 2, pp. 572-584

Persistent link: https://www.econbiz.de/10001644297

How communication improves efficiency in bargaining games

Valley, Kathleen L. (contributor) - In: Games and economic behavior 38 (2002) 1, pp. 127-155

Persistent link: https://www.econbiz.de/10001645945

An equilibrium analysis of Knaster’s fair division procedure

Van Essen, Matthew - In: Games 4 (2013) 1, pp. 21-37

In an incomplete information setting, we analyze the sealed bid auction proposed by Knaster (cf. Steinhaus (1948)). This procedure was designed to efficiently and fairly allocate multiple indivisible items when participants report their valuations truthfully. In equilibrium, players do not...

Persistent link: https://www.econbiz.de/10009753712

Characterizing the Vickrey combinatorial auction by induction

Chew, Soo-Hong; Serizawa, Shigehiro - In: Economic theory : official journal of the Society for … 33 (2007) 2, pp. 393-406

Persistent link: https://www.econbiz.de/10003537257